BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

What is the code called that you memorize and use at the ATM machine?

A	ATM
B	BIC
C	PIN
D	WIN

Explanation:

Detailed explanation-1: -An OTP may be sent to your registered mobile number to ensure that no other person is trying to generate the ATM PIN in an unauthorized way. Once the OTP is validated, your new PIN is generated.

Detailed explanation-2: -A debit card security code (CSC) is a three or four-digit number that appears on your debit card. It may also be referred to as a CVV or CVC, which indicates card verification value and card verification code, respectively.

Detailed explanation-3: -Protect your Personal Identification Number (PIN). Memorize your PIN. Do not write your PIN on your ATM card or carry your PIN in your wallet or purse.

Detailed explanation-4: -Your card security code (CSC), verification code (CVC), or card code verification (CCV) can be found on the back of your card and is usually three or four characters long. This code provides an additional measure of credit card security when you use your card online.

There is 1 question to complete.